Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Sunday, July 21, 2019.

British Pound/Khazanah Sukuk (FOREX:GBPLFX)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_GBPLFX
Open High Low GBPLFX Price Change
2.53695 2.53805 2.53135 2.53265 -0.00430
Entry Signal

MarketClub’s Trade Triangles for GBPLFX

long term down The long term trend has been DOWN since May 22nd, 2019 at 2.60175

intermediate term down The intermediate term trend has been DOWN since May 13th, 2019 at 2.64245

short term up The short term trend has been UP since Jul 19th, 2019 at 2.53685

Smart Scan Analysis for GBPLFX

Based on a pre-defined weighted trend formula for chart analysis, GBPLFX scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for GBPLFX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.53695 2.53805 2.53135 2.53265 -0.00430
Prev. Close Volume Bid Ask Time
2.53695 2.53190 2.53340 2019-07-19 17:02:13
Want to analyze British Pound/Khazanah Sukuk GBPLFX or another symbol? Try our Free Forex Trend Analysis Report.